HomeMy WebLinkAbout2034 3. ro piace and cont~n~ous~y lerp on :iie L~~ ,i~~.~s ~~+r Or i~e:r~"cr Yt. ,~r ~i +a~K1 ~nt! u+ a!~ c-q.~wr<~t r+:d pe~iGnatly tovrrrJ !.y th~f mdtg.
ege, w:rh all prrm~~~i~f 1nr~ton p~ d~n fu~l, hrc ~ns_r.,:~ca ~r. me w~et a`e:+da~.1 f.' ,ey !o::n, ~n a w:n eHiuu.rd tht MUR:.~:.VEt. ar.d w~~•ilat4.~n
.~.wrance in tha ~s~ai ~+.,•~J..rd po:.cy for~t+, in • a~~n a,.~.ro.ed b~ iAr M;ik~G,~GEE. ;n svch car.yony o~ can;:an~~s at ~he M02lGAGEf may
d.rec~; and all i~re and w~nd~tarm ir.f~rm•ca po:~c~rs u~~ •n~ of t,~d w~.d.~.ji eny in~~re~i th~:e~n o~ {.vrt thcreol, ~n the ay9rcgs+e tum aFOrete~d or
~n tacrss Ihr~cof, s~~~ll wneain tr:v ua~al ste~•dard ,no~tg,~ee c:~•.te or 5..ch o~l~e~ a~~..+e ss Ihe Alwtyayae m~y requ,ro. ~~a?ing tM~a ~oss ~~~Jr~ s~.d poli-
c.ri, each a~id rscry. t~,o~`r to se~d :'..JQ1.,Ai'cE as ~rs ~~.:.~r, sl ,~..y epy~vr, .d ..h :d r:rr~ f.+tt p~ c r st.ail i~e piaT y~~y .~i y..ed r.J de:~v~rrd ~o
~
,n~ he~d by sa~d ~d021G~i;EE •s i~r~ncr srcunty tu s~~d ~~,~~~g~~~ ~1-~t. a~ d. ~.ct ~~:.n tr~~ (t~i d.+~s i~ aJ.+~:ce cf ~i,c r¦j,~~e~,on o! e~ch c. to
,.:r~ fo sai~ t10R~(iAGEr e renr.4~: the~rof. tugc~Lrr a~'n a rta•.~~t !or tir, ~:~c~:..'~~ uf svch ~a~e.~~:; end 1'r.r:e shail ~w f~re or H,:~~dsw~~n infu~ance
p".+crd on any o) sa:d bu~!d~•gs. a~y ~nrrres~ th~re~n w~.ar~ ri~e~~~of, ss n, •~r ,~.J w~:h tnr ~css paroo'r as atc~esa~d: anJ ~n t1,e r.rnt a"y sum
~r monsy btcOmc3 payeb~e w~drr s~ch poticY a G~~:urs ae:d A~ORiG~GFE s~~.e~l i,,..~ ~I~r oyt,cn ~o rrcr~ve .:.~d apNiy ths s~~ne on accuuM o( ~~e indrb~rd-
r~~es securrd hcrcu~ o~ ro prrn~~~ a,~d IAOR(GAGORS to rcer~vic e~d ~se ~t o: ...,,y ~.,r t~,..:. ~f f..~ c:r~ r~~: ;n~•s. ::,rna..t eh...:,: .>r '~..~~.:.r•
•r,3 any cyu,ty. i:en w r~.~l.~ ~ndr~ w by ~~:r~e o! th~s ~~•c~~~a~r: e~d :n ihe e+r~~~ s.~ d`.1~,~1',;AG02S sh~!I ior any re~son (ail to kocp ~he sa.d p~r~n~ses so a
.~s.,•cd. or f,il ~o d:!~vcr p~a,u,~rly any of s.~+d FcLC:_s ~1 ~~.sv~,::c~ fa sa d t.50k:i,:.l~tE. ur f..d ,.rcmpHy to {»y luily any p~r..•w~n ~hcrrior o~ ~n a^1
•~•s, ,t~ fait ~o r.~rEorm, .f s:ha~qe. exratc, ei~~_r, ca ~-r_. c_ ty ~~ih a~~d ~L:d~ b~ tti:s c~va~~a•u, or any ~:~~t h~ra.wt. So~d MGRTGAGiE nuy p~ace i~~d
ior wch inaw~~ce or any pa~t ~h«<~of v.ah~~t ~nv~vi .g oc .,ffcuL:y ~ny oi ~.o~. i~.:n, e<{~ay, or +~g!~t u~:de+ ar b/ viit~e ol ~F:fs A'.o.eg.~ge. and the
~ a~:~o~•n~ of each o~~d e.a~i :ccl: Ha,.^.~•nt sh.,it Le .~...'.~J,ete~~• d.u o~'d {uH:"" a:.d s~~ll Laar ~nt•:r~st iro:~~ tt~a dore the~eo! umil p.:.d at the ~ate ol
, . pef ct~~~7~m ~.or d::~~~:.. a^:7 t.~_~~•t•.,~. .vTF. ~.~..,.e .~:11:~ ti,.: .~•n O~ th:3 mortg~~gd
d. To perniif, commit w suiier r.o w.,tee. i,t~Fa r,:•rnf or d,tr~:.: ~ uf s.~d ~,rc~.erty w any parl Ihereof.
5. To pay ail and s:.~yu;ar the c,::~s, tharges e~~d e.,xni_~s, ~n. i~o~~~g a~r•uo•»:•te at:wney's fee m~d cosr~ oi abstrads ot tide, incu?red o~ pud at
•,•;;re by s.:d M~~R!Ga1G;E. bc•co~se ur ~n !nr rve~,• u~ ti.~ t,. c~r un r:_. ^.,.1 0! ~i~r ss:d h1JRiGAGOR ro d.,iy. promptly and f~;ty ~erform. d~s:harqe.
._.:n~, eflra. ca~,y:rro, ca,~~,iy w~rii o~~d ab.ue ut e„ch a~~d ,-,~•y ~hr st~~;~4a':vn;. eyrc~~n+~~nt1. tand~~~ona. and wve~~a~~rs o~ sa~d pro~,~~swry note a~~d t~~f
;s~e any or e~rhrr, a: d sa d cos+s. chaigas d.:.F: nies. ~-...h arni ar•:ry, sh..~i i,r "~~•^ed~atr'.y dvr and payab:e: v~he~her or not thr+e br not~ce d~
dtte:npt to co,.ect or su~t pr~:J-nq; and rhe fu1! a~.w~~~r uf each .,~.;f c:.•~~ su.i, ~:~.,yn:en~ sh.ili ~ea. ~n~cresr F~om ~he date thereof umil pa~d a1 the
.,.~.i,te pc`r cr~~n.,n F:~•' .+,1 sc:ai ci.i's. :r.a .~rs ~ a ~ , ~ s.. c~~:r~d cr ~=a'J. wy~~ther ~~~th s~ch ir~terest. shall be secured by ti~e I~en o1 thi~
~r~..•tga3d-
5_ Thz! (a? in t!~r ev=~~t af a~y k~•carh uf tn~a 3'c~:gage or d~~~auir o~- ~L~ :~t cf ~h.~ 7t'ORiGAGOR, or ;b) in the ever.t any o( said sums o1 rra~ey
.;n re'eir~.i ro be r~o~ promyrl~ a~:d f~~~~ ra~d ~,~r,;,•: u,.~~y ~.3.' ;l~r~ ne.• a~~... a..:, e ie.era :y Gec:.r~r due and payable. withow demand a not~a:.
[n :hr event each ar.d every ii~r sn;•u.+nc•~s. a ~r-_me~~ts <o :.t,nr ,s a,:d co:en:.••~s o} sa A Nro n~ssory note and th,s mortgage rny w either are not
~ ru~~:rtiy and iu:ly ~.r~fo~:re.i. d e:::a• ~•,d. ec.-e_r_•~ ~"•_rt. d to,~:p. ~-'~•:i. c.~ . e:d :.~tn a;u d.-d 7~. then ~n e:thet w any svch event the sa;d ag-
s:,m rt~~ni.J::ECI in s~:d pra:~:iso~~ r~~~te m~r. ~o,.a~r~:~:g ur.;.a~.t. v:~i~ ~•~'<rr~~ .,cc::.rd, u:~d a:~ mcnr~s secured hereby, sha!1 bc:cume due and pay-
'c~thw~th, o: <<~erraf*cr, at th.~ en'~:,~~ ot s:.d :.~O~ivnG~E, os ~u.', a~ ~ c- ~ r't'~`y ~i a~i of t~~~• sa~d sums o1 money were or~g~nally st~pu:ated
. . oa.d cn s~•ch c:./. .,~•,~•~,rr, ~n >:u F:ro, ss:..y no~•_ er ~n ti~~s :.:o.ty~.;.. w••~_ ca,~r..ry~ ~~u:..~rhs~a~:d.:~g; and ~hereupon w thereafter st ~he opt~on o}
s :'~R;GAGiE, v.~'k.~vt n~~~ce er SJ~: dN er in e~.,ty. ~he~•:~'- r r ti~~r~„i•er in3:.n, ~nay be prosecuted as if a!1 meneys secured hereby
, , . _~_t~~ pr~or to ~ri ~nst~ic•,oa
,.7 -,r i~ ~~e e.~~~ t~' • ar t ~ g.j ~r at C.- r?,:s tl~orfgage. o. to forctilose it, d to rcform i~, or to en(orce
..,t ~f a•~i : : h. •_u. s_~c. „_c a ; : i : -i i~ ~.:t:on :hercwf !or fhe apy~~ntmrnt of a Rece~vrr. such Co~rt shall
. •F, . •~r , -c.1•:~ c! :..d . ; r, ~ . ` z. - , _ • ~ . . . •j~ e ~:,con.r. F~oi~fs. iss~,es and revanues iro~n wha•a~er
, _,.~i. n.::l ~~•.•y cf . . . _.`,~.7 ' . . ~-'•'_^,~.'~s ' . . ~_.r ,~.y_d a3 i1 S~C~1Kdily fet fo~fh dr~ dCH~ibCd in fhe grantu.g and
- l_:,: c'a::~s i. ard r.c~ R.:_',,_.r s.... i.. ;~rn~~ iu~aci .,~.c: ~ •.:,^s and po:ve•s ~n anyw~se eotrustrd by a Cou.~ ro a Re:rive:, a«d
~~~f,.~~~~ S ~ . , ~ c.i a:.;o~vte r6oht ta sa~d A.ORiGAGEE, and v+thcut re~erence ro the
, ..f-y- ' 7e r..~az u~ s:~c1~ c ~ e ~a ~ ~•_a cy ...•i , .
~_cy e+ ~nadrq ac~ of the va.ve cf ~i,e p« o~~3cd c~ tc r•. .:~,.enc/ o( sa~d MORfGAGJR w the defr~~dants, and Th;~ such
s prci~ts, incc.m~•. ~sw~s and reLe~:~es sna~. .:c ..r.-•~~d Ly s.:ch Rrco~:~• ~ to ~he lien or eq~~ty oi sa:d MOkTGAGEE aod the praUice of such
_ ~:rt.
S. Tc ~~u'y, .:-o'n; t'.y ~~~d f~i~v F'ertx~~,, d,>,~:+~~e. r.c-~~~~- ei~e:•. co •.e. w~+!~ and eb:de by ca.fi and every the u~pulations, agrecments,
..ons a~.O co.:nan:s s~,d prem~sio:~ r.cte o..7 ..,s rr~:t~3;e s~~r ioru~.
9'.r af r~~ ~he e,~~ ~t nc~ o,.~r~zF.:;. af r.,^ :•crd ~r, s.~s o~ a•:v c:~•t +'r.er• =f. b_cc~,~es vcstcd in a penon other than the MORTG~GOR, the
~_z. :•s s•;ccc:s~~s _-d ;:~s. sy, v.:~.`.o..!' .~.T.,c ra ~^e d•-.. s:,ch successo~ or scccessor ~n i~teres~ .v:th reference to th~s
;,fe a. d sF., ri•_ia h_..eb7 eecv:<d in,s:^.e s,~•:e r~...>: a- =::•3: ~.~o• r. ut En ~ry ,rf~y v~Latmg Or d:schary~ng 1he lAortgagorS' liabilil~ hero-
-,;r u; on ~t cS~•i:t t~r.r::+ s~~_.. :d a~: ~ c • F`-'s-•e h- •a:~r a`d fo~h_~ara~ce o~ ~he pari oi the t110RivAGfE w its s~ccessors
a.,.:. i,• s_.... g:_ . o~ ihe %J~ORiGAGEE o. ~~s succe.so~s or ass~gns, a.~all operate
. .~.,i .:.~j . .~x•~,• s.oc~ . . _ ~ . _ , .
d sc.._ r.: c~ _ra ~c otteu r._ „ oi _:IVN:J.~iR• Q:l'•fl~ e~ti~er m wFole or in part_
iQ E! .S 2C~'~'~•:j "'(S :f•~' ..,e!r ~5 ~.t st... ,.51--':_ 11.2 ..:~c: .+,d ~!-~at no waiier oi any ob~Iyat~~on hereunder or of ihe oblgaYqn se-
h_r::~ s~~. a•:~ _ si,_r__ :c~ i.~ ..-1 r_ a,.~~._ c! -•-...'`•,r~.:i o. 01 tF.e ir.str~ment srcu~ed hcrby
- ~ . ,
„ , : . , : . : ,s • , ;;y tc~e }vom rcry no'e se:ured hereb~. mortgsgor eevenants
> ~ . ,
, s . r , , , . , , . . . . . J h; ~r.o•Tqsge~ ro !~e eGvai to 1, 12 0! ri,e annual cost of the fol~ow-
` , V , ~ -j . r:, rov.-ne:ts s:tuate on if:c above descritxd prem~ses_
- .p,:...,.,,s ~ ;c ~.5,~, • rs . .••~,;~a•5t„ v•._^. ~o •unc dce~n fit to ca~ry on the lcan sewre~ hereby.
;',G,.. :an _'to tF ,e na•^y rrc•t ~ r1r;'.~:9 ef a~^ ::~`o.:~t d:.r an~ payable hereundrr and such su~, sh~li tnereupon be due and
.,~-a_, ~
~I n., ; t r, a 3 e s~ s.",.s;~.~• .i~ t!r~_ai;~r u..t~i mwtgagee sha~i nat~fy mortgagor of a change ~n sutF
I S~_r s i r~. ~:.p,.~_a j ~ .,3r"~ ~ ~~c.::r t~ raars ~nsvrance pre~:~.ums. a.~d mortgage gvaranty in<_urance
,.._S
~ t'~ '.:li!:c~J :.N_R:O=. r~:., s~~d i:.-~:Ii~:,.,;,~ s:as n•_:er.•o se• E:~s n:, ~d an i se~i the day and ~year Firs oresai ~
S: n, Sea' a:.d d>!~ve~ed in the preiecce o~~ %,r/ . ~ ~
FILEL tRt ~'ECO~DEO ~
sj ;vh,ti~ F~n. Chr pher D. MCKe ~~a~
-----Y--- R~;;_,_ ,.;.;RAS
~~~i:.~~ - ~`~r~ , COl'PT t5ea~
L _ t:- : c p ~-(Seaq
- - - - - -
t oi Qu Ma~ rei Ann McKeon
OF FIOR:DA ~ sS,lu~ ~5 ~ ? n I-
_;•:?Y OF S'C. LUC1@ ~ IVa~IIS~
Before me p•,r5o~~i:y a. Peared - C tlct0 e2 ~'KeOII - and
MargarQ~ nn McKeon h~: wife, to me well icnown and known to mt to be
: d.vid~ais descr;:. d+~ ar•~ wno ea~c.~_-d the fore3o~r.g instrumer,t, and ackr:w+:ed9ed be~ore me that they executed the same :or tht pu~poses
• n exp*essed. And the said_ _------_~rQdZet Ann MeKeon
of rhe sa;d - -~~;~~O~h e I McKeon _ a separate snd private
n~~,on by r.-e t.,Ren sep~•n~e and a~.arf f:cn her sa:d hus5and, ac4rwwledged to ar.d before me Ynat sbe executed said instrument freeiy and voluo-
. ard •a:•ha~t d!~'~ :J'~~'.:l S:Cn, !Jnstra~nt, a~p:rh~ns~on, or fear uf or f~~m her said husband.
`:ili:`:ESS my F:a~~d a~d o.`f:::r•. seai th:s -_--11~1 day of-- A_ D. 19 74
.~P.,~~w•,c~
Pio ry P~blic in and for Ihe State of Fbrida at large
M~Comm~csion expires:
~ 2e!v-n io:
~sT Federal Sa,~:z3s d!o~n Assoc.;s e~ Notory Puf.G:. Seoto of F;odd^ at L~rg~
~ ;~•t p . ' Mr Commizsan Exp~ses Apa!_15J 1978
Fr.t Pi •ce. F:_r,•1, 6onded by AmericbO.F~ ~~Co~yd~`.Qa.
.
_ ~•J;'` .%~J ~...u;_
_ ~ • .
This Instrument Prepared By Gazy R. Ellwood ~y ~
F;rst Federal Savings & Loan Associatio~ { 10'~;
f fort Pierce ~ ~lorida ~ . - . ' ' ~ :
„ ~,~j
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CFecked By _ - -
BOOK PAGF2034 -
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